The Business Times, 1 March 2010

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Total Pages: 32
1 32 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sf!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Monday, March 1,2010
    23 words
  • 932 1  -  As Marina Bay financial district takes shape, developers are making exciting plans By UMA SHANKARI [SINGAPORE] Some one million square feet of office space in the Central Business District (CBD) is likely to be converted into at least 1,000 private homes over
    FILE PHOTO  -  932 words
  • 656 1 AIA deal valued at US$35.5b; statement could be issued as early as today Reuters [LONDON] Prudential, Britain’s largest insurer, is in advanced talks to buy the Asian arm of American International Group in a deal worth about US$35.5 billion, sources familiar
    Reuters; BLOOMBERG  -  656 words
  • 135 1 MARKETS Weekly Change ST Index 2,750.86 -6.28 KL COMP 1,270.78 +13.11 NIKKEI 225 10,126.03 +2.45 HANG SENG 20,608.70 +714.68 SET INDEX 721.37 +20.93 JAKARTA COMP 2,549.03 -5.35 MANILA COMP 3,043.75 +65.22 SEOUL COMP 1,594.58 +0.68 SHENZHEN B 602.82 MUMBAI IND 16,429.55 +237.92 DOW 10,325.26 -77.09 NASDAQ 2,238.26 -5.61
    135 words
  • Page 1 Advertisements
    • 79 1 YOUNG INVESTORS’ FORUM Where angels need to tread PAGE 14 BizIT Kaspersky’s Singapore plans PAGE 30 VIEWS FROM THE TOP Talking about Budget 2010 PAGES 12-13 DINING OUT Sweet experience at Nectar PAGE 24 Cortina watch 290 Orchard Road, #01-13, Paragon, S(*****9). Tel: 6235 0084. 252 North Bridge Road, #01-36A,
      79 words

  • TOP STORIES
    • 607 2 Turning old CBD offices into prime new homes SOME one million square feet of office space in the Central Business District is likely to be converted into at least 1,000 private homes over the next three years. Property analysts say that with the Marina Bay financial district now
      607 words
    • 904 2  -  While its per capita GDP is relatively high, it lags behind on value-added per worker COMMENTARY By ANNA TEO FOR some years now, Singapore has set its sights on becoming a global city a distinctive leading one, no less. The 2003 Economic Review Committee, for
      904 words
    • 580 2  -  Seizure of assets unlikely to affect market sentiment B y GREG LOWE THE Supreme Court’s landmark ruling to seize 46.37 billion baht (S$1.97 billion) in assets belonging to the family of former prime minister Thaksin Shinawatra is unlikely to have a significant impact on the
      580 words
    • 1013 4  -  Market appears no closer to climbing out of same band of range-bound trading WALL STREET INSIGHT By ANOREW MARKS A TWO-WEEK long rally on Wall Street slipped back into neutral territory as February drew to a close at the end of last week. And
      1,013 words
    • 842 4  -  Emerging market outflows, recovery in US$ index cited By OH BOON PING [SINGAPORE] The parallels are there. The recent rise in the US dollar a carry trade currency bears a haunting resemblance to the sharp appreciation in yen
      842 words
    • 394 4 AP [SINGAPORE] Ai Miyazato won the HSBC Champions yesterday to become the first LPGA Tour player in 44 years to sweep the first two events of a season, closing with 3-under 69 for a two-stroke victory over Cristie Kerr. Miyazato, the 24-year-old Japanese star who won
      AP  -  394 words
    • 545 4 They can earn bonus of up to 200,000 Swiss francs Bloomberg [SINGAPORE] UBS AG, the biggest Swiss bank by assets, increased to 200,000 Swiss francs (S$262,100) the maximum bonus private bankers in Hong Kong and Singapore can earn this year by bringing in
      Bloomberg  -  545 words
  • Page 2 Advertisements
    • 503 2 KPMG Seminar Series SINGAPORE Date Wednesday, 24 March 2010 Time 9.00am to 5.30pm Venue Orchard Hotel Singapore Seminar Fees Client/KPMG Alumni SS396 per participant Non-client S$450 per participant A discount of 5% will be given for groups of three or more participants from the same organisation. The fee is inclusive
      503 words
    • 246 2 7™ KEPPEL OFFSHORE MARINE LECTURE Finding the money for the offshore oil gas industry by Mr Christopher Steane, Global Head of Structured Finance, ING Commercial Banking Financial institutions have an important role to play in creating the conditions for social and economic progress. Increased complexity in the financial services industry
      246 words

  • Page 3 Advertisements
    • 349 3 Imagine if you had The power to make 2045 a great year. Our view on milestone planning is different from others. We believe saving for a set time in the future works best if you enjoy good, consistent returns with lower risk. We think management fees should be lower. In
      349 words

  • Page 4 Advertisements
    • 92 4 edtech w fi Meeting the Growing Needs of Medical Technology with World Class Manufacturing Capabilities Held Concurrently with: fl3 40 EMU aUEl gomaiMMLG Level2, Ballroom] fej GATE 10 MEDICAL TECHNOLOGY M€dT€cti m Manufacturing Conftrtnct dOlO SS? r<s Make a Date with 1 i 5: Email: info@medtech-mfg.com Organised by In Co
      92 words
    • 19 4 60,000 Hotels Worldwide Best Rates Instant confirmation www.luxury.oom.sg Luxury Tours Travel Pte l_tcfl Ten 6733 2808 6235 191 1
      19 words
    • 16 4 Place your AGM and EGM notices in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      16 words

  • COMPANY NEWS
    • 934 5  -  HOCK LOCK SIEW By R SIVANITHY ALTHOUGH it’s been around for about 10 years now, it would be fair to say that the idea of a profit-maximising market regulator like the Singapore Exchange (SGX) has not gained widespread acceptance with a sceptical local public,
      934 words
    • 502 5  -  It books record net profit of US$1.88b, up 23 per cent, for the full year By CHEW XIANG Wilmar International’s net profit for the final quarter of 2009 jumped 18% from a year ago to US$442 million. Turnover increased 19 per cent
      502 words
  • Page 5 Advertisements
    • 128 5 IG MARKETS get thinking FX/CFD trading igmarkets.com.sg The more you trade, the more you save. Enjoy automatic rebates and lower commissions Make huge savings on FX and Singapore shares FX spreads from 1 pip Always guaranteed market prices on shares Learn more about our automatic rebates for frequent traders at
      128 words

  • SINGAPORE MARKETS
    • 667 6  -  STOCKS R SIVANITHY Senior Correspondent WHICHcamefirst the loss of upward momentum, or a feeling that stock markets have probably outrun their fundamentals? Or is the current standstill due to the hike in US Federal Reserve’s discount rate, which analysts have taken as a timely reminder
      667 words
    • 447 6 COMMODITY WATCH IN February 2010, the US Environmental Protection Agency established a regulation for all refiners’ and importers’ petrol and diesel volume to be at least 8.25 per cent renewable fuel. The Renewable Fuel Standard programme will increase the required volumes of renewable
      447 words
    • 513 6 CURRENCIES Reuters [NEW YORK] The US dollar fell against the euro on Friday as investors pared extreme short positions in the euro on the last business day of the month after its recent declines. The euro hit a session high
      Reuters  -  513 words
    • 1333 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Allgreen Properties 2.00 1.91 11 11.58 9.67 1.44 1.12 ARA Asset Mgt 2.00 2.00 2 7.65 14.38 1.22 1.10 Armstrong Ind 1.00 1.00 2 3.80 7.11 0.44
      1,333 words
    • 4 6 WEEKLY
      4 words
    • 66 6 Feb 26 VALUE CLOSE BT OB/OS 291.00 +28.00 BT CADI -*****.00 +37.00 BT 10-day MA -*****.00 +29.00 FTSE ST Mid Cap 667.11 -1.53 FTSE ST Small Cap 529.99 +1.18 FTSE ST All Share 679.90 +0.16 FTSE ST China Top 272.34 +1.36 FTSE ST China 286.32 +2.63 FTSE
      66 words
    • 56 6 VOLUME Genting SP 733,685,000 Golden Agri 271,809,000 Z-Obee Hldgs 142,305,000 Cogent 123,233,000 Eastgate Tech 116,238,000 Noble Grp 110,957,000 Ying Li 108,626,000 Yangzijiang 105,957,000 CapitaLand 82,481,000 Jaya Hldgs 80,552,000 VALUE($) Genting SP 682,033,772 Noble Grp 344,517,265 CapitaLand 311,313,130 DBS Grp 310,472,440 SembMar 226,839,248 UOB 182,875,380 SingTel 180,261,231 CityDev
      56 words
    • 112 6 BY CENTS CLOSE UP STXPO 100 1490 110.0 8.0 Asia Pac Brew 1400 100.0 7.7 OCC 3.93% NCPS10 8630 90.0 1.1 DBXT Nifty 10US$ ***** 77.4 0.5 DBXT FTChina25 10US$ 2802 76.0 2.0 Jardine C&C 2428 66.0 2.8 DBXT MSAsExJp 10US$ 2644 56.3 1.5 Lyxor China H 10US$ 1489
      112 words
    • 117 6 BY CENTS CLOSE DOWN JMH 2734-402.7 -9.5 DBXT FTVietnam 10US$ 4262-312.6 -5.0 DBXT MSKorea 10US$ 4399-101.4 -1.6 JSH 1650 -78.8 -3.3 DBXT S&P Short 10US$ 5416 -56.3 -0.7 CityDev 1028 -54.0 -5.0 CityDev DBeCW*****2 15 -36.0 -70.6 Venture Corp 844 -36.0 -4.1 Creative Tech 540 -31.0 -5.4 CityDev.ES.1002 1034
      117 words
    • 87 6 Feb 26 CHNG YR 2010 CLOSE FR Feb 25 S$ LOW S$ HIGH US$ 1.4078 0.21 1.4219 1.3869 Euro 1.9108 -0.41 2.0153 1.9030 Pounds 2.1502 0.46 2.2776 2.1502@ A$ 1.2533 0.05 1.2923 1.2276 Yen* 1.5766 0.00 1.5897 1.5027 Rupiah* 0.***** 0.21 0.***** 0.***** Baht* 4.2615 0.15
      87 words
    • 1537 8  -  TEH HOOI LING Senior Correspondent SMALL cap stocks outperformed blue chips last week, with our portfolios putting on an average 2 per cent compared with the Straits Times Index’s 0.8 per cent gain. The average gain of our portfolios, however, was pulled up by the
      1,537 words
    • 1321 8  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd THE trading among directors remained low last week with 31 transactions worth $6.8 million, based on filings on the Singapore Exchange in the last week of February. The figures were not
      1,321 words
  • Page 6 Advertisements

  • Page 7 Advertisements
    • 4215 7 MANDATORY UNCONDITIONAL CASH OFFER by ©DBS DBS BANK LTD. (Incorporated in Singapore) (Co. Reg. No: *****0306E) for and on behalf of SINGFUEL INVESTMENT PTE. LTD. (Incorporated in Singapore) (UEN/Reg. No: *****601OM) an indirect wholly-owned subsidiary of GLENCORE INTERNATIONAL AG (Incorporated in Switzerland) (Co. Reg. No: 170.3.012.738-3) to acquire all of
      4,215 words


  • COMPANY NEWS
    • 280 9 CLOSING PRICES* (EXCLUDING ACCRUED INTEREST) GROSS REDEMPTION YIELD p.a.) NUMBER OF DAYS OF ACCRUED INTEREST INTEREST PAYMENT DATES AMOUNT ($m) COUPON RATE p.a.) YEAR RAISED ISIN CODE MATURITY DATE 01.04.2010 N*****0F 2005 2 5/8 3900.00 1/4 1/10 148 100.18 0.69
      280 words
    • 413 9 Feb 26 BANKS Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banco Bilbao Vizcaya Argentaria, S.A. 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of China Limited 5.5 Bank of Communications 5.5 Bank of
      413 words
    • 325 9 COMPANY MEETING PLACE DATE TIME China Flex Pack A Kaixuan Conference Room, Ramada Pearl Hotel, 9 Mingyue Yi Road Guangzhou Main Road Central, Guangzhou Guangdong Province, People’s Republic of China 27-Feb 4.00pm Giant Wireless S Singapore Management University, Administration Building, 81 Victoria Street, Function Room 4.1 4.2, Singapore
      325 words
    • 296 9  -  It is up 18% y-o-y; this is 4th record earnings since 2006 By CHEW XIANG STEEL contractor Yongnam Holdings on Saturday announced full-year net profit of just over $40 million, up 18 per cent year-on-year. Revenue increased 2.7 per cent to $346.8 million. Yongnam
      296 words
  • Page 9 Advertisements
    • 64 9 All-Touch™ Virtual Call Centre Hosted Call Centre, Hosted SMS, Hosted Fax, Hosted CRM, On-Demand. 1 No need to buy, subscription basis. From $1,500 Answer Calls from office, home or anywhere with Internet Low IDD call charges Backup and Redundancy Automatic Call Distribution with Voice Logger 1 Hosted CRM optional 1
      64 words
    • 400 9 Accounting Accounting backlogs Messy Accounts Migration of accounting systems Reconciliation problems in P&L, fixed assets, stocks 285S* CoflVP The Accounting SWAT team offers expert help and fast turnaround to accounting problems, including any of the above. Call 6-222 6868 now for the Accounting Specialists AccountServe www.AccountServe.com.sg IF YOUR US PORTFOLIO
      400 words

  • SINGAPORE NEWS
    • 850 10  -  This will hopefully be the year when wildlife conservation gets taken seriously By JOYCE HOOI IF energy conservation is the lead on today’s stage of hot-button issues, wildlife conservation is an understudy waiting in the wings. Even though 2010 has been designated the International Year
      850 words
    • 1132 10 Payment Ex Books Pay (cts) date close date AEI Corp ak 1.000 06-May 10-May 26-May AEI Corp bh 2.000 06-May 10-May 26-May AIMS AMP Cap Ind Reit ag 0.187 12-Feb 18-Feb 26-Mar AIMS AMP Cap Ind Reit bb 0.950 25-Nov 30-Nov 23-Mar Allgreen Prop an 4.000 04-May 06-May
      1,132 words
    • 552 10  -  Preparations for Queensland Curtis LNG project to begin By RONNIE LIM ANOTHER piece of Singapore’s LNG plan is falling into place. Britain’s BG Group Singapore’s designated liquefied natural gas (LNG) buyer has just embarked on its Queensland Curtis LNG project which will supply to the
      552 words
  • Page 10 Advertisements
    • 465 10 ARTHUR LOKE SIM LAWYERS We are a law firm of local and international repute. Clients who have worked with us over the last 12 months include the following Asian Food Channel, Anadarko Petroleum, Casio, Conan Wu, Dufry, Formula One, France Telecoms, Fuji Xerox, ELLE, Inchcape PLC, Indochine Restaurants, IntertekTesting, Konica
      465 words
    • 153 10 CATCH TONY BLAIR LIVE AT WITH You won't want to miss one of the world's most respected and admired leaders discussing relevant and challenging global issues that may have an impact on you here in Singapore! Totally sold-out in 2008 and 2009, the event (Apr 27-29) is expected to attract
      153 words

  • Page 11 Advertisements
    • 368 11 DAR NG KIM HENG Shipbuilding Engineering is proud to unveil the state-of-the-art McDermott LB-32, a 111 m pipe-lay accommodation barge, exclusively built for J. Ray McDermott Inc. i We see no limits and made the impossible possible. McDermott LB-32 is the second pipelay barge built by Kim Heng Shipbuilding Engineering
      368 words

  • VIEWS FROM THE TOP
    • 4534 12 THIS WEEK’S TOPIC In your view, what are the most notable aspects and proposals of Budget 2010? Do the proposals cover all the major bases? Terry O’Connor President British Chamber of Commerce CEO Courts MY immediate reaction to the budget is that it sets the tone
      ARTHUR LEE  -  4,534 words

  • Page 13 Advertisements
    • 264 13 TELKOMSEL USD 318,000,000 EKN-Supported Export Credit Facility Joint Mandated Lead Arranger December 2009 indosat USD 315,000,000 EKN-Supported Export Credit Facility Joint Mandated Lead Arranger August 2009 Delivering for our clients time and time again Across financing and risk management, our clients know they can rely on our global expertise and
      264 words
    • 11 13 For the complete list of views from CEOs, go to http://businesstimes.com.sg
      11 words

  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 925 14  -  Here are some key factors business angels look for when they decide to invest in a venture, says SAURABH SRIVASTAVA SAURABH SRIVASTAVA The writer is co-founder of the Indian Angel Network. He will be speaking at the inaugural Asian Business Angel Forum, organised by BANSEA
      925 words
    • 1058 14  -  DESMOND LIM is inspired by his experiences in Silicon Valley and London to create his own global company CAMPUS LIFE DESMOND LIM This is the last of three features by students from the Singapore Management University Lee Kong Chian Scholars’ Programme. The writer, Desmond Lim Hui
      1,058 words
  • Page 14 Advertisements
    • 45 14 THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      45 words

  • ECONOMY WATCH
    • 542 15 His remarks signal concerns over the reliance on the US dollar NYT [WASHINGTON] The head of the International Monetary Fund said on Friday that it would be “intellectually healthy to explore” the creation of a new global reserve currency to reduce
      NYT; REUTERS  -  542 words
    • 219 15 Reuters [INCHEON] Officials from the Group of 20 leading economies discussed the sovereign credit default swaps (CDS) market, but did not get into details of possible regulatory reform, a senior IMF official said yesterday. “Only in the broader context of the reform process.
      Reuters  -  219 words
    • 707 15 Consumer spending, confidence, loans all point to weakness Bloomberg [PARIS] Europe’s economy may be coming unstuck from the global recovery as governments to the south of the region struggle to reverse budget deficits and consumers in the north pull back spending. After the 16-nation
      Bloomberg  -  707 words
  • Page 15 Advertisements
    • 146 15 •■m r J SINGAPORE HEALTH VAWARD Get ready to be recognised for excellence in workplace health. m.: 10th Anniversary 83 V.S V 3M -s £&Ssig§l 3t^ b, •i MSI' =<r K M 3S? KS -r' --v mi s£ •if: fF"- y KG jnEZ V"v^C: Slsi! -i V hSHSS *s*v !«Evfe£>
      146 words

  • MALAYSIA/INDONESIA
    • 838 16  -  Will PM Najib’s New Economic Model surprise with its boldness to tackle the tough issues? MALAYSIA INSIGHT PAULINE NG KL Correspondent THE worst of the global financial crisis appears to be over for the Malaysian economy which expanded by a better-than-expect-ed 4.5 per cent in the last
      838 words
    • 320 16 Bernama [SEMPORNA] There has been a marked increase in investor confidence among local and foreign investors to invest in various economic sectors in Malaysia since early this year, says Deputy Minister of International Trade and Industry Mukhriz Mahathir. The investors’ keen interest was a
      Bernama  -  320 words
    • 444 16 Reuters [WASHINGTON] Indonesia hopes to sign a framework agreement with the United States to bolster economic, political and security ties when President Barack Obama visits the country in March, a top Indonesian official said. “I think there’s a good reason to feel optimistic,”
      Reuters  -  444 words
    • 208 16 Reuters [JAKARTA] PT Aneka Tambang (Antam), an Indonesian nickel and gold miner, said its 2009 net profit fell 59 per cent to 559 billion rupiah (S$84.07 million), hit by lower nickel prices and ferronickel sales. Net profit for January-December dropped to 559
      Reuters  -  208 words
    • 2080 16 VOL Feb 25 RM +/-(‘000) A M Realty 0.65 -0.04 16 Abric Bhd 0.22 0.02 50 Advance Synergy 0.15 0.01 2849 Adventa Bhd 3.50 -0.01 358 Ae Multi Hldgs 0.62 -0.18 ***** Affin Holdings 2.64 0.02 1215 Ahmad Zaki Resou 0.87 unch 77 Aic Corp 0.67 -0.02 141
      2,080 words
  • Page 16 Advertisements
    • 353 16 adv In the matter of the Companies Act, Cap. 50 and In the matter of EPIC INTERNATIONAL PTE LTD (In Creditors' Voluntary Liquidation) Co. Reg. No. *****008IK NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50 a Final Meeting of the members and creditors
      353 words
    • 328 16 THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ROSSINIS RESTAURANT PTE. LTD. Co. Reg. No. *****5035K IN MEMBERS'VOLUNTARY LIQUIDATION FINAL GENERAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act, Cap. 50, that the FINAL GENERAL MEETING of the members of
      328 words
    • 326 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SWISS MASAI SINGAPORE PTE. LIMITED (COMPANY NO. *****1997N) (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of SWISS MASAI SINGAPORE PTE. LIMITED signed by the Representative of the Holding Company pursuant
      326 words

  • GREATER CHINA
    • 468 17 Report says that limits will be eased in an effort to consolidate scheme Reuters [BEIJING] China will expand a trial scheme allowing some firms to settle trade deals in the yuan currency, as businesses seek to control exchange rate risks, an official newspaper
      Reuters; REUTERS  -  468 words
    • 492 17 Move reflects firm’s eagerness to restore its reputation there AP [TOKYO] Fresh from a grilling by US lawmakers, Toyota president Akio Toyoda will speak today in China about his company’s quality problems, seeking to boost confidence and ease consumer worries in the
      AP  -  492 words
    • 393 17 AFP [WASHINGTON] China remained the top holder in the ballooning US debt last year, revised data showed, after earlier indications that it had been eclipsed by Japan drew speculation about Beijing’s motives. Revised data released late last Friday by the Treasury
      AFP  -  393 words
  • Page 17 Advertisements
    • 123 17 *V 1 Emerging Enter/wise Give your best shot for S$1.2 million worth of prizes at the Emerging Enterprise 2010 Emerge as this year's top business player The Emerging Enterprise Award returns to recognise Singapore's most enterprising SMEs. This year, up to three SMEs will each receive up to S$390,000 in
      123 words

  • INDIA
    • 603 18 Govt needs to take corrective action if the target of 5.5% of GDP is in peril Bloomberg [NEW DELHI] India’s government must be ready to take “corrective steps” to achieve its fiscal deficit reduction target for next year should its budget assumptions
      Bloomberg; REUTERS  -  603 words
    • 372 18 This will help raise millions for National Clean Energy Fund Reuters [NEW DELHI] India proposed on Friday a small tax on production of coal to raise millions of dollars for a National Clean Energy Fund that could help the world’s fourth biggest
      Reuters  -  372 words
    • 297 18 Bloomberg [MUMBAI] Jaguar Land Rover reported its first quarterly profit since being bought by Tata Motors after shedding staff and boosting sales of luxury cars amid an economic revival. The carmaker made a profit of US$90 million in the quarter ended
      Bloomberg  -  297 words
  • Page 18 Advertisements
    • 2435 18 MAT3 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg QIAN HU CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****6124N) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eleventh Annual General Meeting of the Company will be held at No. 71 Jalan Lekar, Singapore *****0 on
      2,435 words
    • 1 18 www.radio9l3.com
      1 words
    • 17 18 www.omy.sg it n* 9-Chinese nK»BMge Prt ?»ncy Competrtloi VJJJ JJ N/ J IJ_r ffiLi^EGHu j■ri yzone.omy.sg i
      17 words

  • ASIA-PACIFIC
    • 536 19 But sample is too small to conclude Aussie PM would lose next election Reuters [SYDNEY] Australia’s ruling Labor party lost its lead over the opposition for the first time since winning power in 2007, after a barrage of setbacks on environmental policy,
      Reuters; AFP FILE PHOTO  -  536 words
    • 608 19 Deals mark shift in financing strategies for foreign firms IHT [BANGKOK] The two largest American carmakers are turning to local banks in Asia to pay for their expansion in the region, a departure from previous years that allows them to tap
      IHT  -  608 words
  • Page 19 Advertisements
    • 103 19 BE A MEMBER OF NUSS •-ZJ I rs i GET A FREE HEWLETT-PACKARD NETBOOK $400 F&B CREDITS IF YOU JOIN BEFORE 12 MARCH 2010! Transferable Membership Interest-free Instalment Plan Open to Graduates of Recognised Universities Pay only $2,000 if you've graduated within the last 3 years Visit www.nuss.org.sg or call
      103 words

  • ASIA-PACIFIC/WORLD
    • 643 20 Govt says1.5m Chileans affected, 500,000 homes severely damaged CHILE QUAKE AP Bloomberg [CONCEPCION, Chile] The total economic damage from Saturday’s magni-tude-8.8 quake in Chile may be as much as US$30 billion, or about 15 per cent of the South American country’s gross domestic product, according
      AP; Bloomberg; REUTERS  -  643 words
    • 826 20 Board size cut to 15, three directors step down NYT Bloomberg [NEW YORK] Bracing for more criticism over its enormous bailouts, Citigroup shook up its board on Friday and is preparing a marketing campaign to revamp its image with Washington and Wall
      NYT; Bloomberg  -  826 words
    • 432 20 AP [PUTRAJAYA, Malaysia] South-east Asian nations yesterday said they are still aiming to set up a European Union-style economic community by 2015 despite concerns that the global slump has led to a rise in trade protectionism. The 10-member Association of South-east Asian Nations
      AP  -  432 words
    • 676 20 Reuters [WASHINGTON] Marathon negotiations in the US Senate on financial regulatory reform were set to continue yesterday with a renewed focus on financial consumer protections after key Republicans rejected a compromise offer from the banking committee chairman. Sources said on Saturday night
      Reuters; BLOOMBERG  -  676 words
  • Page 20 Advertisements

  • WORLD
    • 793 21 Berkshire Hathaway benefited from ‘climate of fear’ of the past two years NYT [NEW YORK] America’s most famous investor, Warren Buffett, struck a confident note in his annual letter to shareholders of his holding company on Saturday as he described in characteristically colourful terms how his
      NYT  -  793 words
    • 192 21 Reuters [DUBAI] Dubai’s Arabtec yesterday said that the due diligence date for its US$1.7 billion merger with Aabar Investments had been extended to April 16, in a move which will encourage investors that the deal will progress. “Because of the enormity of the
      Reuters  -  192 words
    • 242 21 AP [LONDON] A 507-carat diamond as big as a chicken’s egg sold for US$35.3 million, breaking the record for the highest price ever paid for a rough diamond, the supplier said on Friday. The stone which weighs just over 100 grams was estimated to be
      AP  -  242 words
    • 667 22 Acropolis now no respite ahead of EU audit Greece also faces media war over German war reparations GREEK CRISIS AFP [ATHENS] Between a media row over German war reparations and an imminent EU audit of its finances that could bring fresh austerity cuts, Greece is set for another tough week
      AFP; AP  -  667 words
    • 698 22 Policymakers have to tackle Greek debt, crisis policies AFP [FRANKFURT] The European Central Bank (ECB) faces one of its most important meetings in months on Thursday when policymakers tackle the latest twists in Greece’s debt crisis and refine a roadmap to unwind emergency
      AFP  -  698 words
    • 760 22 AP [WASHINGTON] US labour’s hopes for major gains under President Barack Obama and a Democratic Congress have dimmed, raising fresh doubts about union leverage even in the best of political times. Prospects for a major health overhaul have faded. Even slimmer are the chances
      AP  -  760 words
    • 640 22 NYT [NEW YORK] Bernard L Madoff’s relatives are not the only people suffering indignities for bearing the Madoff name. With the disclosure last week that Madoff’s daughter-in-law had asked a court to allow her and her children to change their name to Morgan, other
      NYT  -  640 words
  • Page 21 Advertisements
    • 66 21 DB Platinum Branchen Stars R1C-A 22/02/10 123,86 EUR CROCI Asia Pacific I1C-A 18/12/09 99,44 USD I db X-MACRO Trading Index Fund I4D 1 a/02/10 96,73 GBP DB Platinum II FX Select Guaranteed Fund R1D 22/02/10 99,72 USD DB Platinum IV Balanced Currency Harvest Euro 11C 22/02/10 99,91 EUR Booster Capital
      66 words
    • 33 21 I LINDE WERDELIN WATCHES AND INSTRUMENTS fi 3 §e v SpidoLite All Black DLC Skeleton case and dial Svend Anderson movement Blue gold rotor EXCLUSIVELY AT MANDARIN GALLERY T: +65 6737 3820 E'COLLEZIONE
      33 words
    • 146 21 25% off Food bill JWMI3® the big name in seafood Savour our award winning Chilli Crab other popular favourites! <33 n Riverside Point The Riverwalk Singapore Indoor Stadium NSRCC/SAFRA Resort Dempsey Hill *Not available at East Coast www.jumboseafood.com.sg Tel: 6532 3435 Tel: 6534 3435 Tel: 6440 3435 Tel: 6552 3435
      146 words


  • SHIPPING/AVIATION
    • 586 23 This will continue to put pressure on freight rates, says ratings agency Bloomberg [SINGAPORE] An oversupply of vessels may obstruct a recovery of the shipping industry, putting pressure on freight rates, Moody’s Investors Service said in a recent report. Ships currently on
      Bloomberg; BLOOMBERG  -  586 words
    • 2919 23 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ456 1245 EY473 1940 Adelaide LH9771 1740 LH9770 2350 SQ268 1740 SQ269 2350 VS7268 1740 VS7269 2350 Amsterdam LO4031 0610 LO4032 2350 SQ323 0610 SQ324 2350 US5410 0610 US5411 2350 AZ3992 1615 KL835 1615 Athens SQ348 0105 Auckland LH9761
      2,919 words
    • 281 23 SGX '000 Feb 26 S$ +/-Vol CH Offshore 0.66 0.01 864 Chuan Hup Hldgs unch unch 0 Cosco Corp 1.22 -0.01 3776 CWT Ltd 0.92 0.02 1449 Ezra Hldgs 2.24 -0.01 1613 First Ship Lease 0.59 0.01 1699 Freight Links unch unch 0 Grand Banks unch unch 0
      281 words
    • 430 23 It will invest 1.7 billion yuan for 49% stake Bloomberg [HONG KONG] Cathay Pacific Airways Ltd, Hong Kong’s largest carrier, will invest 1.7 billion yuan (S$351.4 million) in affiliate Air China Ltd’s cargo unit as a global economic rebound revives Chinese exports.
      Bloomberg  -  430 words
    • 262 23 AP [NAIROBI, Kenya] Somali pirates freed a Singapo-rean-flagged chemical tanker after a ransom was delivered by parachute last week, a spokesman for the European Union Naval Force said, as an expert warned pirate activity was likely to spike in coming weeks. Pirates left
      AP  -  262 words
  • Page 23 Advertisements
    • 156 23 SOUTH EAST ASIA AND SOUTH ASIA AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE BUNKER ADJUSTMENT FACTOR (BAF) Arising from the regular review of bunker prices, the following Lines in the South East Asia and South Asia Australia Trade Facilitation Agreement wish to inform the trade that with effect from 1
      156 words
  • Page 23 Miscellaneous
    • 333 23 CRYPTIC CROSSWORD Across 1 Pass plate around fellow, unemotional type (4,4) 5 Merry bachelor with flexible disposition (6) 9 Tricky place to navigate possibly by thin rail I avoided (9) 11 Old President in Brazil, leathery sort? (5) 12 Pale bird out west (6) 13 Inflated part shown by fashionable
      333 words

  • DINING OUT
    • 651 24  -  NEW RESTAURANT Nectar Wangz Hotel 231 Outram Road. Tel: 6595 1388 By Jaime Ee COFFEE House. No one ever calls a hotel restaurant by that name any more, preferring more era-specific labels like “cafe”, “bistro” or “international buffet restaurant”. For all intents and purposes, “coffee
      651 words
    • 520 24  -  NEW MENU Pontini Level 2 Grand Copthorne Waterfront Hotel, 392 Havelock Road Tel: 6233-1133 By Audrey Phoon SPRING is in the air and on menus as well. The start of March is when restaurants which have a focus on using seasonal produce revise their recipes to reflect
      520 words
  • Page 24 Advertisements
    • 185 24 W I I I 7ZZS WINE DINE AND HOSPITALITY 1 vS? HUATING Sim Restaurant Level 2 UNCH AFFAIR A sumptuous respite from work Executive Set Lunch D INNER REVELRY Mouthwatering highlights to end the day with Set Dinner For reservations information please call 6739 6666 or email f&b@orchardhotel.com.sg 442 Orchard
      185 words

  • SINGAPORE STOCKS
    • 9350 25 Week ended: Feb 26 52-wks Tel Last Vol Week Last Quote Div GrYld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 3 3148 8Telecom 17 +0.5 565 17 16.5 16.5 17 1.7 10.6 5.5 81.4 10 2.5 5834 A-Sonic
      9,350 words
    • 1822 26 52-wks Tel Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 5 1181 s AA Grp 5.5 4.5 5.5 5.3 25 12 8538 t APStrategic 15.5 +0.5 2 15.5 15.5 13 14.5
      1,822 words
    • 512 26 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 111 107 6389 ABF SG Bond ETF 110.4 107.6 112 504 846 427 CIMBAsean40 100US$ US798 unch 563 807 798 796 801 31.9 298
      512 words
    • 265 26 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 20 6000 AVJennings A48 +3 60 48.5 46 46 47.5 3.6 7.3 3.8 125 31 6 6017 Genting HK US$ US18 -0.5 9215
      265 words
    • 114 26 Stock name Close Change Stock name Close Change Stock name Close Change CapitaLand 3.780 +0.040 CapitaMall 1.770 +0.020 CityDev 10.280 -0.060 ComfortDelGro 1.550 Cosco Corp 1.220 -0.010 DBS Grp 14.000 F&N 4.260 +0.080 Genting SP 0.895 -0.015 Golden Agri 0.530 -0.010 HK Land 4.600 +0.080 JMH
      114 words
    • 186 26 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 5 5 0 0 0 8 5 5 Manufacturing 107 59 65 10 17 13 117 76 78 Commerce 32 29 24 8 3 7 40 32 31 Tpt/Stor/Comms 26 8 9
      186 words
    • 121 26 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 96,195 96,195 333,298 333,298 Manufacturing 1,366,519 75,058 1,441,577 1,058,440 3,710 1,062,150 Commerce 485,197 69,783 554,980 665,856 16,740 682,596 Tpt/Stor/Comms 457,152 8,090 465,242 762,336 1,079 763,415 Finance 104,322 115 104,437 780,975 10 780,985 Construction 149,487 38,506
      121 words
    • Article, Illustration
      2710 26 Transaction date: Feb 26 For a full listing of the closing prices, log on to BT online at http://business-times.asia1.com.sg after 11.30pm every trading day Source: Thomson Reuters HONG KONG Vol HK$ +/-'000 Aeon Credit 6.36 unch 0 Aeon Stores 13.00 unch 0 Angang Steel 14.30 0.28 8574 Anhui
      Source: Thomson Reuters  -  2,710 words

  • Page 26 Advertisements
    • 26 26 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
      26 words

  • FINANCE & COMMODITIES
    • 365 27 In local curr In S$ In US$ dy yr dy yr dy yr Feb 26 Index Change Change Change Change Change Change World Index Preliminary 816.5 0.6 -1.9 0.5 -2.8 0.9 -3.0 EAFE Preliminary 760.1 1.1 -3.2 1.3 -5.2 1.6 -5.3 Europe Preliminary 1086.6 1.4
      365 words
    • 132 27 Feb 26 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2400 1.2780 Can dollar 1.3200 1.3360 Euro 1.8980 1.9200 NZ dollar 0.9670 0.9890 Sterling pound 2.1360 2.1610 US dollar 1.4000 1.4170 Local dollars to 100 units of foreign
      132 words
    • 29 27 Feb 26 Source: MF Global (S) Pte. Ltd Open High Sett STI Mar 2744 2744 2747 SIMSCI Mar 330.5 331.4 330.7 Taiwan Mar 265.9 267.6 265.8
      29 words
    • 180 27 Feb 26 $S Offer Bid Overnight 3/16 1/16 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 5/16 US$ Offer Bid 7 days 0.23 0.18 1 month 0.29 0.24 2 months 0.35 0.25 3 months 0.37 0.27 6 months 0.50 0.40 9 months 0.90 0.60 12
      180 words
    • 22 27 Feb 26 S$ Bid Offer 1-month 1.4082 1.4095 2-months 1.4084 1.4098 3-months 1.4085 1.4099 6-months 1.4092 1.4106 Source: OCBC
      22 words
    • 66 27 Feb 25 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 10 2618 2595 2619 2590 653 2434 Apr 10 2610 2590 2620 2589 3720 ***** May 10 2605 2595 2615 2580 9577 ***** Jun 10 2599 2579
      66 words
    • 368 27 Feb 26 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 99.7350 0 4151 Jun10 99.6450 0 7095 Sep10 99.4750 0 2247 Dec10 99.1700 0 2557 EUROYEN TIBOR FUTURES Mar10 99.5650 99.5650 99.5650 99.5650 282 4627 Jun10 99.6000 0 1774 Sep10 99.6200 99.6200 99.6200 99.6050 15 2151
      368 words
    • 184 27 Feb 26 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Mar 10 333.0 326.0 333.0 29 592 Apr 10 328.0 521 May 10 328.0 686 Jun 10 328.0 830 Jul 10 328.0 390 Aug 10 328.0 210 TSR 20
      184 words
    • 88 27 Feb 26 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 27.05.2010 0.39 1-Year BY*****N 01.11.2010 0.39 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.30 104.33 104.33 5-Year N*****0N 1.375 01.10.2014 100.32 100.36 100.28
      88 words
    • 105 27 Feb 26 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 10 951.00 941.50 953.25 937.75 May 10 961.00 950.00 964.00 946.75 Jul 10 969.00 957.50 971.25 955.00 Aug 10 965.25 954.00 967.00 954.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 10 39.29 38.53 39.48
      105 words
    • 77 27 CRUDE OIL PRODUCTS Feb 25 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 75.55 -2.59 WTI (Near Mth) 78.22 -1.69 Dubai (1-Mth F) 76.69 1.21 Tapis blend 81.95 1.60 Minas 79.85 1.10 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 78.88 0.88 Jet Kerosene 85.65 0.70 US$/barrel Opec Oil
      77 words
    • 2713 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3 unch 1037 1 15 16 5.17 51 4085 ASJ Hldgs W*****1 1.5 743 1 4 10 3.33 24 2036 Advance SCT Ltd W*****9 0.5 1
      2,713 words
    • 465 27 Feb 26 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.941 6.060 0.655 6.891 41.010 82.871 0.793 10.297 3.021 1.281 75.423 40.947 1.250 6.911 0.958 28.476 29.345 0.582 0.888 Canada 1.063 6.441
      465 words
    • 85 27 Feb 26 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • 154 27 Feb 26 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2495 1.2514 0.8875 0.8880 Canadian dollar 1.3283 1.3299 0.9435 0.9438 Euro 1.9094 1.9114 1.3562 1.3564 NZ dollar 0.9754 0.9770 0.6928 0.6933 Sterling pound 2.1475 2.1502 1.5253 1.5258
      154 words
    • 138 27 Feb 26 GOLD (US$/oz) Feb 25 Feb 26 Hong Kong 1092.70 1110.50 Feb 26 Feb 25 London 1114.90 1101.30 1115.70 1102.10 CAST BAR Feb 26 (S$) Selling Buying Kilobar "53,913.02" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 120.91 50 5gm 342.4 251 10gm 612.04 503 20gm 1153.46
      138 words
    • 70 27 Feb 26 26 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2102.00 2052.75 3 months 2134.00 2086.00 Copper, Grade A (US$/tonne) Cash 7166.50 6969.25 3 months 7195.00 6999.00 Lead (US$/tonne) Cash 2140.75 2125.75 3 months 2165.00 2150.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash
      70 words
    • 77 27 Feb 26 COCOA (£/tonne) Close Prev High/Low Mar 10 2181 2174 2199/2174 May 10 2189 2188 2208/2183 Jul 10 2178 2173 2194/2172 Sep 10 2156 unch 2173/2153 COFFEE (US$/tonne) Close Pev High/Low Mar 10 1238 1216 1240/1210 May 10 1284 1259 1289/1258 Jul 10 1318 1294 1322/1294 SUGAR (US
      77 words

  • 6571 28 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN RTM/ANR/TIL *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination SAN SIMEON NEW ORLEANS/CAMDEN *Loads E./W.
    6,571 words
  • Page 28 Advertisements

  • Page 29 Advertisements
    • 28 29 Legal required by shippers owners Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES SHIPPING TIMES
      28 words

  • BizIT
    • 733 30  -  Russian security software firm wants to crack Singapore market and is eyeing 80 per cent growth in the Asia-Pac region this year, reports ONG BOON KIAT ONG BOON KIAT FAST-RISING information security software firm Kaspersky Lab is considering setting up its first Singapore office
      733 words
    • 579 30 It’ll have a host of 3D technologies inspired by Avatar AFP [HANOVER] The world’s biggest high-tech fair kicks off tomorrow with a focus on “smart” gadgets as well as Avatar-inspired 3D products to make consumers’ lives easier and more fun. Germany’s CeBIT, traditionally
      AFP; AP  -  579 words
    • 304 30 Bloomberg [SAN FRANCISCO] Apple Inc says three of its suppliers hired 11 underage workers to help build the iPhone, iPod and Macintosh computer last year a violation it uncovered as part of its onsite audit of 102 factories. “Apple discovered three facilities that had previously
      Bloomberg  -  304 words
    • 499 30 RAS conference from today to plot defence against Net crooks AFP [SAN FRANCISCO] US national security leaders and top cyber warriors from around the world are gathering here to plot defences against criminals and spies that increasingly plague the Internet. Homeland Security Secretary
      AFP  -  499 words
    • <what’s up>
      • 60 30 BUSINESS rules technology specialist Innovations Software Technology, part of the Bosch Group, has opened its Asia Pacific headquarters in Singapore. The Singapore office will also house research and development facilities the first for the company outside of Germany. The company said it plans to
        60 words
      • 79 30 SUBSEA cable operator Pacnet has embarked on a move to convert its cable landing facilities into data centres, which it has dubbed as Data Landing Stations (DLS). The Singapore-headquartered company owns and operates cable landing stations in key markets across Asia, including Singapore, Hong
        79 words
      • 93 30 JUNIPER Networks has appointed Brad Gray as vice-president of Strategic Alliances for Asia Pacific with effect from February 2010. Mr Gray, who will be based in Singapore, was previously vice president for Asia South Pacific at Juniper Networks’ operations in Singapore. Juniper also announced the
        93 words
      • 75 30  -  Compiled by ONG BOON KIAT CISCO Systems has appointed Irving Tan as managing director for Singapore and Brunei. Mr Tan, who took on this role last November, reports to Christopher Khang, president for Asia at Cisco. Before taking up his present position, Mr Tan worked
        75 words
    • 542 31  -  New BI deals with banks, govt bodies on the cards, plus contracts with IRs By WINSTON CHAI AFTER a pause in 2009, business intelligence (BI) software maker SAS is aggressively ramping up its Singapore operations in anticipation of a return to boom times this
      542 words
    • 751 31  -  It is recognised for offering innovative products, services By AMIT ROY CHOUDHURY OCBC Bank’s emphasis on delivering innovative products and services to its customers, which has resulted in a substantial increase in new business, was recognised at the Asian Financial Services (AFS) Congress on Friday
      751 words
    • 135 31 AP [DUBAI, United Arab Emirates] Facebook says it is teaming with a Middle Eastern digital advertising company as the online meet-up site looks to capitalise on its rapid growth in the Arab world. Facebook says it hopes its deal with Cairo-based Connect
      AP  -  135 words
    • 472 31 Bloomberg [SAN FRANCISCO] Google Inc said it may spend as much as “hundreds of millions” of dollars on an experimental broadband service that offers Internet speeds 100 times faster than current networks. The cost of the test project, announced last month, isn’t
      Bloomberg; AP  -  472 words
    • 351 31 Bloomberg [SAN FRANCISCO] The Chinese cyber attacks that Google Inc reported in January may have targeted more than 100 companies a larger number than previously thought, according to security research firm ISEC Partners Inc. ISEC said it discovered the additional targets
      Bloomberg  -  351 words
    • 500 31 AFP [NEW YORK] A year ago, handheld devices pioneer Palm seemed poised for a comeback. Its new smartphone, the Palm Pre, had just won “Best in Show” at the annual gadget fair in Las Vegas and the company had high hopes
      AFP  -  500 words
    • BizIT FOCUS
      • 1432 32  -  New technologies offering businesses new ways to grapple with runaway data demands, reports ONG BOON KIAT ONG BOON KIAT NEW and maturing storage technologies combined with a brightening economy are expected to throw up interesting ways for businesses to deal with their data
        FILE PHOTO  -  1,432 words
      • 286 32  -  By OLIVIA HO THE need to cope with escalating data management and transactional demands prompted the Bank of Singapore (BOS) to overhaul its data storage infrastructure. Previously, it could take the bank’s staff a whole day to retrieve a single archived e-mail
        286 words


  • Page 32 Advertisements
    • 70 32 y It's the new OR. Finally, a storage solution that doesn't force you to choose either cost efficiency or improved business performance. NetApp's uncompromising approach to storage and data management can both lower IT costs and help to bolster your company's competitiveness. Find out how storage efficiency without compromise can
      70 words
    • 4 32 Brought to you by
      4 words